{"id":27965,"date":"2007-12-21T01:01:01","date_gmt":"2011-05-19T04:25:40","guid":{"rendered":""},"modified":"2011-05-19T04:25:40","modified_gmt":"2011-05-19T04:25:40","slug":"ceo_media_could_make_recession","status":"publish","type":"post","link":"https:\/\/admin.rushlimbaugh.com\/daily\/2007\/12\/21\/ceo_media_could_make_recession\/","title":{"rendered":"CEO: Media Could Make Recession"},"content":{"rendered":"<section>\n<p>RUSH: Look at this, folks. &#8216;Consumers put aside worries about slumping home sales and soaring gasoline prices and headed to the malls in November, pushing spending up by the largest amount in three and a half years.\u2019 I thought it was going to be a bad Christmas. I thought it was going to be very, very bad. Consumer spending, despite the home sales slump and the soaring gasoline price, why, consumer spending is up! This would include that massive weekend after Thanksgiving and the following week leading up into the 1st of December. It\u2019s up by the largest amount, three and a half years. You know what I predict to you? I predict that the next series of economic stories will be the Drive-Bys and their economic &#8216;experts\u2019 yelling at us about not saving enough. It\u2019s just the way they work. This morning on CNBC\u2019s Squawk on the Street, Erin Burnett and Jim Cramer (&#8216;the out-of-control\u2019 Jim Cramer), were interviewing Craig Hester, the CEO of Hester Capital Management, and he hit it deadeye. This is what he said about the economy.<\/p>\n<p><img loading=\"lazy\" src=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/01125106.Par.89380.ImageFile.jpg\" width=\"250\" height=\"149\" class=\"alignright\"\/>HESTER: That\u2019s one thing about the economy, Jim. There\u2019s a lot of pessimism, and I think we\u2019re going to, through the media, if we\u2019re going to have a recession, it\u2019s going to be media generated as opposed to the economy.<\/p>\n<p>CRAMER: (maniacal laughter)<\/p>\n<p>BURNETT: Oh!<\/p>\n<p>HESTER: Things look very strong, from what I can tell.<\/p>\n<p>RUSH: There you have it! The media is trying to create a recession. The guy is actually right. That\u2019s Craig Hester, CEO of Hester Capital Management. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>RUSH: Look at this, folks. &#8216;Consumers put aside worries about slumping home sales and soaring gasoline prices and headed to the malls in November, pushing spending up by the largest amount in three and a half years.\u2019 I thought it was going to be a bad Christmas. I thought it was going to be very, [&hellip;]<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0},"categories":[],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CEO: Media Could Make Recession  - The Rush Limbaugh Show<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/admin.rushlimbaugh.com\/daily\/2007\/12\/21\/ceo_media_could_make_recession\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"CEO: Media Could Make Recession  - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: Look at this, folks. &#8216;Consumers put aside worries about slumping home sales and soaring gasoline prices and headed to the malls in November, pushing spending up by the largest amount in three and a half years.\u2019 I thought it was going to be a bad Christmas. I thought it was going to be very, [&hellip;]\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/01125106.Par.89380.ImageFile.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.rushlimbaugh.com\/#website\",\"url\":\"https:\/\/www.rushlimbaugh.com\/\",\"name\":\"The Rush Limbaugh Show\",\"description\":\"Excellence In Broadcasting\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.rushlimbaugh.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/admin.rushlimbaugh.com\/daily\/2007\/12\/21\/ceo_media_could_make_recession\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/01125106.Par.89380.ImageFile.jpg\",\"contentUrl\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/01125106.Par.89380.ImageFile.jpg\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/admin.rushlimbaugh.com\/daily\/2007\/12\/21\/ceo_media_could_make_recession\/#webpage\",\"url\":\"https:\/\/admin.rushlimbaugh.com\/daily\/2007\/12\/21\/ceo_media_could_make_recession\/\",\"name\":\"CEO: Media Could Make Recession - The Rush Limbaugh Show\",\"isPartOf\":{\"@id\":\"https:\/\/www.rushlimbaugh.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/admin.rushlimbaugh.com\/daily\/2007\/12\/21\/ceo_media_could_make_recession\/#primaryimage\"},\"datePublished\":\"2011-05-19T04:25:40+00:00\",\"dateModified\":\"2011-05-19T04:25:40+00:00\",\"author\":{\"@id\":\"https:\/\/www.rushlimbaugh.com\/#\/schema\/person\/911066e449df26406b107ca78cbbde0b\"},\"breadcrumb\":{\"@id\":\"https:\/\/admin.rushlimbaugh.com\/daily\/2007\/12\/21\/ceo_media_could_make_recession\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/admin.rushlimbaugh.com\/daily\/2007\/12\/21\/ceo_media_could_make_recession\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/admin.rushlimbaugh.com\/daily\/2007\/12\/21\/ceo_media_could_make_recession\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.rushlimbaugh.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"CEO: Media Could Make Recession\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.rushlimbaugh.com\/#\/schema\/person\/911066e449df26406b107ca78cbbde0b\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.rushlimbaugh.com\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f18195e0073013fa0e16b040686c2924?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f18195e0073013fa0e16b040686c2924?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"url\":\"https:\/\/admin.rushlimbaugh.com\/daily\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"CEO: Media Could Make Recession  - The Rush Limbaugh Show","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/admin.rushlimbaugh.com\/daily\/2007\/12\/21\/ceo_media_could_make_recession\/","twitter_card":"summary","twitter_title":"CEO: Media Could Make Recession  - The Rush Limbaugh Show","twitter_description":"RUSH: Look at this, folks. &#8216;Consumers put aside worries about slumping home sales and soaring gasoline prices and headed to the malls in November, pushing spending up by the largest amount in three and a half years.\u2019 I thought it was going to be a bad Christmas. 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